Learn how to plan procurement

- [Voiceover] Even with home made chicken soup,…you don't make everything from scratch.…Imagine how long it will take…and how much it will cost,…if you had to raise you own chickens…and vegetables, and make…chicken stock and noodles and so on.…The same goes in the project world.…Procurering products, services, and skills,…can be a lot quicker than trying to do…everything yourself.…When you opt to purchase items…from outside your organization,…you need to plan how your gonna do that.…

That's where a Procurement Plan,…comes into play.…The first step in developing a Procurement Plan,…is identifying, what you need to purchase.…For example,…you need people with the right skills for your project.…Or you need more people…than the once available in your organization.…Or the project requires products and materials.…Second you Document your procurement processes.…The Procurement Plan, spells out…who handles procurement,…whether it's the purchasing department,…the project team or a combination of the two.…

It also describes the selection criteria…

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Released

3/31/2016

Project management is a start-to-finish approach to getting things done and making projects more successful. It's a profession, but it's also a set of techniques that anyone can apply to achieve goals and manage project work more effectively. Project management can be used to guide small, simple projects as well as complex enterprise-wide initiatives.

Bonnie Biafore has always been fascinated by how things work and how to make things work better. In this course, she explains the fundamentals of project management, from defining the problem, establishing project goals and objectives, and building a project plan to managing team resources, meeting deadlines, and closing the project. Along the way, she provides tips for reporting on project performance, keeping a project on track, and gaining customer acceptance.

Lynda.com is a PMI Registered Education Provider. This course qualifies for professional development units (PDUs). To view the activity and PDU details for this course, click here.The PMI Registered Education Provider logo is a registered mark of the Project Management Institute, Inc.